🎯 Previous Week Projection: Analysis on Spot
In our previous weekly article, we highlighted that June 15 could offer attractive intraday trading opportunities for active traders. The market responded largely in line with this expectation, witnessing strong directional price movement and heightened momentum during the session.
We also highlighted in our previous weekly article that June 17 and June 18 could emerge as important turning points for the market, with the potential for a shift in the prevailing trend around this time window. The market action unfolded broadly in line with this expectation, as Nifty reversed direction on June 19, snapping its five-session winning streak.
The index opened with a sharp gap-down of nearly 200 points from the previous close, reflecting a clear change in sentiment. Although some recovery emerged during the session, Nifty still ended the day about 155 points lower reinforcing the significance of combining time-cycle studies with price action to identify potential turning points.
📌 Market Highlight
The benchmark index Nifty ended the Week on a positive note, extending gains for a second straight week with a rise of 1.8% . The rally was primarily driven by a sharp fall in crude oil prices after the US and Iran signed an interim peace agreement to end the war and reopen the crucial Strait of Hormuz easing concerns over supply disruptions and inflationary pressures.
A recovery in the Indian rupee and improving foreign fund flows further supported the market sentiment
However gains were capped by a Friday selloff in IT stocks, worsening monsoon outlook and uncertainty surrounding the postponement of talks to finalise the US-Iran deal in Switzerland. As a result, Nifty declined 155 points on Friday to close at 24,013.
🌍 Global & Macro Developments
FII turned net buyers in the Indian equity Market for the week ending June 19 2026, purchasing equities worth around 3,386 crore aided by positive developments in the Middle East and an appreciating rupee.
The Indian rupee gained 0.83% against the US dollar during the week marking its best weekly performance since early April.
Meanwhile, Brent crude remained near $80 per barrel, declining nearly 8% for the week, as investors turned optimistic over the interim peace agreement between the US and Iran.
⏱️ Time Analysis Performance: Week in Review
Even in a volatile environment, our time-cycle projections aligned effectively with several key intraday turning points, reinforcing the importance of combining Time + Price Analysis.
Throughout the week, our projected price levels played a crucial role, with multiple sessions respecting the mentioned zones almost precisely.
🗓 Monday – 15th June
Time Windows:
10:10 AM | 11:15 AM | 12:35 PM | 02:05 PM
- Swing high formed near 11:15 AM, followed by downward momentum.
- Selling pressure paused near 12:35 PM.
- Selling pressure re-emerged near 02:05 PM.
- Day low formed near our Lakshman Rekha level of 23,812.
🗓 Tuesday – 16th June
Time Windows:
10:10 AM | 12:10 PM | 02:35 PM
- Day high formed near 02:35 PM.
- Day low formed near our Lakshman Rekha level of 23,872, where price took support multiple times.
- Limited activity in other projected windows.
🗓 Wednesday – 17th June
Time Windows:
10:50 AM | 11:20 AM | 12:20 PM | 12:55 PM | 02:35 PM
- Day high formed near 11:20 AM, followed by sharp downward momentum and near our mentioned level of 24,140 in which price takes resistance several time
- Swing low formed and selling pressure stopped near our mentioned time of 12:55 PM
- Day low formed near our projected level of 23,935.
🗓 Thursday – 18th June
Time Windows:
11:15 AM | 01:25 PM
- Day low formed at 11:15 AM, followed by strong upward momentum.
🗓 Friday – 19th June
Time Windows:
09:15 AM | 12:25 PM
- Limited activity during projected time windows.
- Our levels remained highly effective.
- Day low formed near 23,935, where price took support multiple times.
Across the week, time clusters and projected levels remained highly effective, especially when used alongside price structure and momentum confirmation.
⏰ Important Time Windows for the Week Ahead
(22nd June – 26th June)
Based on ongoing time-cycle analysis:
🗓 Monday – 22nd June
10:20 AM | 11:40 AM | 01:30 PM | 01:50 PM
🗓 Tuesday – 23rd June
10:20 AM | 11:20 AM | 12:25 PM | 01:15 PM
🗓 Wednesday – 24th June
09:25 AM | 12:15 PM | 01:30 PM
🗓 Thursday – 25th June
10:15 AM | 01:35 PM
⚠️ These time clusters may indicate:
- Volatility expansion
- Swing and Day highs/lows
- Momentum shifts
📊 Important Levels for the Week Ahead
🚫 Upside / Resistance Zone
24,125 | 24,382 | 24,450 | 24,480 | 24,535 | 24,646 | 24,685 | 25,002
🛡 Downside / Support Zone
23,935 | 23,872 | 23,812 | 23,783 | 23,466 | 23,332 | 23,230 | 22,858
Market behaviour near these levels — especially when aligned with projected time windows — will be crucial in identifying momentum and market intent.
📍 Lakshman Rekha for Nifty
22,998 | 23,321 | 23,346 | 23,397 | 23,460 | 23,783 | 23,812 | 23,872 | 24,306 | 24,450 | 24,480 | 24,730 | 25,084
These levels remain important price checkpoints where market behaviour may become highly sensitive. Traders should closely observe price action near these zones for signs of momentum shifts, volatility expansion, or increased participation.
🔎 Outlook for Next Week
Market participants should keep a close watch on June 26, as the session may offer attractive intraday trading opportunities for active traders.
There is a possibility of:
- Sharp directional movement
- Elevated volatility
- Strong one-sided momentum
This could create favorable setups for short-term traders.
Additionally, The high and low of June 22 are expected to serve as important reference levels for the market’s short-term direction.
A close above the high of June 22 may indicate strengthening bullish sentiment and could pave the way for further upside momentum. Conversely, a close below the low of June 22 may signal growing weakness and increase the likelihood of a bearish trend.
On the macro front, investors remain focused on:
Investors remain keen on India monsoon rainfall, with cumulative June rainfall so far tracking 38% below normal amid ongoing El Nino conditions
Any further delay in Monsoon progression could heighten concerns over Kharif sowing, food inflation and rural demand
Incoming India Purchasing Manufacturing (PMI) and credit growth data, alongside US Personal Consumption Expenditure (PCE) and GDP prints are other key indicators for market direction in near term
Additionally, developments related to West Asia, crude oil prices, and foreign investment flows will remain key market-moving factors.
📌 Disclaimer
Research by Team WealthView Analytics Pvt. Ltd.
SEBI Registration No.: INH000009676
Registration granted by SEBI and certification from NISM do not guarantee performance or assure returns. This report is for educational purposes only. Market investments are subject to risk.
